GE Vernova LLC (GEV)

Short-term

Turnover ratios

Based on the provided data for GE Vernova LLC, we can analyze the activity ratios as follows:

1. Inventory Turnover:
- The inventory turnover ratio indicates how efficiently the company manages its inventory.
- For GE Vernova LLC, the inventory turnover improved from 3.85 in 2022 to 3.98 in 2024.
- This suggests that the company is selling its inventory more frequently over the years, which is a positive sign of efficient inventory management.

2. Receivables Turnover:
- The receivables turnover ratio measures how quickly the company collects its accounts receivable.
- The data shows that GE Vernova LLC did not have receivables turnover information available for the years provided.
- Without this data, it is challenging to assess the efficiency of the company's accounts receivable management.

3. Payables Turnover:
- The payables turnover ratio reflects how fast the company pays its suppliers.
- Similar to the receivables turnover, data for payables turnover is not provided for GE Vernova LLC for the years specified.
- Lack of payables turnover information hinders an evaluation of the company's efficiency in managing its payables.

4. Working Capital Turnover:
- The working capital turnover ratio assesses the company's efficiency in generating revenue from its working capital.
- In 2024, GE Vernova LLC achieved a working capital turnover of 14.16.
- This indicates that the company generated $14.16 in revenue for every dollar of working capital invested, showcasing a high level of efficiency in utilizing its working capital to generate sales.

In conclusion, based on the available data, GE Vernova LLC has shown improvements in inventory turnover and achieved a high level of efficiency in generating revenue from its working capital. However, the lack of information regarding receivables and payables turnover makes a comprehensive assessment of the company's overall activity management challenging.

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Average number of days

Based on the provided data, we can analyze GE Vernova LLC's activity ratios as follows:

1. Days of Inventory on Hand (DOH):
- GE Vernova LLC's inventory turnover improved from 94.69 days in 2022 to 92.93 days in 2023 and further to 91.70 days in 2024. A lower number of days indicates that the company is managing its inventory efficiently, selling inventory quickly, and replenishing it promptly.

2. Days of Sales Outstanding (DSO):
- The DSO data is not available for any of the years (denoted by "— days"). This could indicate that GE Vernova LLC may not extend credit terms to customers or that customer payments are processed quickly, resulting in negligible outstanding sales.

3. Number of Days of Payables:
- Similarly, the number of days of payables data is not available for any of the years (denoted by "— days"). This suggests that the company may be paying its suppliers promptly or may not have significant payables outstanding over extended periods.

Overall, the improvement in inventory turnover over the years indicates effective management of inventory levels by GE Vernova LLC. However, the absence of DSO and payables data limits a comprehensive analysis of the company's receivables and payables management practices. It would be beneficial to have additional information on these ratios to gain a deeper insight into the company's overall efficiency in managing its working capital and cash flow.

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Long-term

The data provided shows the long-term activity ratios of GE Vernova LLC. The fixed asset turnover ratio, which measures how efficiently a company is utilizing its fixed assets to generate revenue, has been constant at a value of "—". This implies that the company is not generating revenue directly from its fixed assets over the specified period.

On the other hand, the total asset turnover ratio, which indicates how effectively a company is using its total assets to generate sales, shows a slight fluctuation over the years. The ratio was 0.67 in 2022, increased to 0.72 in 2023, and slightly decreased to 0.68 in 2024. This suggests that the company has been able to generate sales relative to its total assets, with a noticeable improvement in 2023 before a slight dip in 2024.

In conclusion, while the company seems to be effectively utilizing its total assets to generate revenue based on the total asset turnover ratio, the fixed asset turnover ratio indicates that there may be room for improvement in optimizing the utilization of fixed assets to drive revenue in the future.